{"id":12142,"date":"2019-09-11T09:02:33","date_gmt":"2019-09-11T07:02:33","guid":{"rendered":"https:\/\/gbp-international.com\/?p=12142"},"modified":"2019-09-11T09:02:33","modified_gmt":"2019-09-11T07:02:33","slug":"start-ups-in-asia-vs-europe","status":"publish","type":"post","link":"https:\/\/perfectoholic.pro\/gbp\/start-ups-in-asia-vs-europe\/","title":{"rendered":"Start-Ups in Asia vs. Europe: differences   between start-up scenarios analyzed from the perspectives of a select group of industry experts from Germany and Malaysia"},"content":{"rendered":"\n<p>GBP International has been working with start-ups in Asia scenarios since 1997, over the last couple of years start-up buzzwords commonly used are venture capital (VC), private equity (PE), artificial intelligence (AI), Big Data, Games, Internet of Things (IOT) and others. We wanted to bring together some of the\u200bstakeholders of the industry and discuss the differences between start-up scenarios in Germany versus Asia.  Sara Al <\/p>\n\n\n\n<!--more-->\n\n\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-4 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"271\" height=\"269\" data-id=\"12143\" src=\"https:\/\/gbp-international.com\/wp-content\/uploads\/2019\/09\/pic1.jpg\" alt=\"\" class=\"wp-image-12143\" srcset=\"https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic1.jpg 271w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic1-150x150.jpg 150w\" sizes=\"(max-width: 271px) 100vw, 271px\" \/><figcaption class=\"wp-element-caption\">Sara Al Bakri Devadason HE Ambassador of Malaysia to Germany<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"200\" height=\"200\" data-id=\"12144\" data-src=\"https:\/\/gbp-international.com\/wp-content\/uploads\/2019\/09\/pic2.jpg\" alt=\"\" class=\"wp-image-12144 lazyload\" data-srcset=\"https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic2.jpg 200w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic2-150x150.jpg 150w\" data-sizes=\"(max-width: 200px) 100vw, 200px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 200px; --smush-placeholder-aspect-ratio: 200\/200;\" \/><noscript><img decoding=\"async\" width=\"200\" height=\"200\" data-id=\"12144\" src=\"https:\/\/gbp-international.com\/wp-content\/uploads\/2019\/09\/pic2.jpg\" alt=\"\" class=\"wp-image-12144\" srcset=\"https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic2.jpg 200w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic2-150x150.jpg 150w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/noscript><figcaption class=\"wp-element-caption\">Volker Friedrich CEO GBP International <\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"225\" height=\"225\" data-id=\"12145\" data-src=\"https:\/\/gbp-international.com\/wp-content\/uploads\/2019\/09\/pic3.jpg\" alt=\"Puvan Selvanathan CEO Bluenumber\" class=\"wp-image-12145 lazyload\" data-srcset=\"https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic3.jpg 225w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic3-150x150.jpg 150w\" data-sizes=\"(max-width: 225px) 100vw, 225px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 225px; --smush-placeholder-aspect-ratio: 225\/225;\" \/><noscript><img decoding=\"async\" width=\"225\" height=\"225\" data-id=\"12145\" src=\"https:\/\/gbp-international.com\/wp-content\/uploads\/2019\/09\/pic3.jpg\" alt=\"Puvan Selvanathan CEO Bluenumber\" class=\"wp-image-12145\" srcset=\"https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic3.jpg 225w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic3-150x150.jpg 150w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><\/noscript><figcaption class=\"wp-element-caption\">Puvan Selvanathan CEO Bluenumber<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"273\" height=\"273\" data-id=\"12146\" data-src=\"https:\/\/gbp-international.com\/wp-content\/uploads\/2019\/09\/pic4.jpg\" alt=\"\" class=\"wp-image-12146 lazyload\" data-srcset=\"https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic4.jpg 273w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic4-150x150.jpg 150w\" data-sizes=\"(max-width: 273px) 100vw, 273px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 273px; --smush-placeholder-aspect-ratio: 273\/273;\" \/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"273\" height=\"273\" data-id=\"12146\" src=\"https:\/\/gbp-international.com\/wp-content\/uploads\/2019\/09\/pic4.jpg\" alt=\"\" class=\"wp-image-12146\" srcset=\"https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic4.jpg 273w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/pic4-150x150.jpg 150w\" sizes=\"(max-width: 273px) 100vw, 273px\" \/><\/noscript><figcaption class=\"wp-element-caption\">Jan Miczaika Partner Holtzbrink Ventures<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<p>With  the Malaysian  Ambassador  to Germany   <strong>Sara Al  Bakri  Devadason<\/strong>   as  a  host  we   had  a perfect location in the center of Berlin and were happy to have a distinguished panel of entrepreneurs who shared their  views and experiences.  GBP  International\u2019s CEO  Volker  Friedrich  moderated the  panel and triggered interesting thoughts and discussion points shared among the panelists and the audience.<\/p>\n\n\n\n<figure class=\"wp-block-image is-resized\"><img loading=\"lazy\" decoding=\"async\" data-src=\"\/\/i3.wp.com\/gbp-international.com\/wp-content\/uploads\/2019\/09\/IMG-20190906-WA0018v2.jpg\" alt=\"Start-Ups in Asia vs. Europe\" class=\"wp-image-12153 lazyload\" width=\"928\" height=\"590\" data-srcset=\"https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/IMG-20190906-WA0018v2.jpg 928w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/IMG-20190906-WA0018v2-300x191.jpg 300w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/IMG-20190906-WA0018v2-768x488.jpg 768w\" data-sizes=\"(max-width: 928px) 100vw, 928px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 928px; --smush-placeholder-aspect-ratio: 928\/590;\" \/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"\/\/i3.wp.com\/gbp-international.com\/wp-content\/uploads\/2019\/09\/IMG-20190906-WA0018v2.jpg\" alt=\"Start-Ups in Asia vs. Europe\" class=\"wp-image-12153\" width=\"928\" height=\"590\" srcset=\"https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/IMG-20190906-WA0018v2.jpg 928w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/IMG-20190906-WA0018v2-300x191.jpg 300w, https:\/\/perfectoholic.pro\/gbp\/wp-content\/uploads\/2019\/09\/IMG-20190906-WA0018v2-768x488.jpg 768w\" sizes=\"(max-width: 928px) 100vw, 928px\" \/><\/noscript><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p>The key take-aways from the event are as follows: <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Asia has an enormous pool of talented and skilled engineers<\/h3>\n\n\n\n<p>Asia has an enormous pool of talented and skilled engineers, having studied at top universities, representing a huge incentive for any start-ups to set-up their offices in Asia. The   national\u200bgovernments in Asian countries are playing a great role to grow their country into massive business hubs and each and every location has ups and downs. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Asia-Pacific region is not the same place like it was<\/h3>\n\n\n\n<p>Due to these reasons, the Asia-Pacific region is not the same place like it was a decade ago and other than traditional places like Singapore and Hongkong also the other hubs like Kuala Lumpur, Bangkok and Jakarta are offering interesting perspectives.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">E-commerce and technology are the main   leading areas<\/h3>\n\n\n\n<p>E-commerce   and   technology   are   the   main   leading   areas   here   where   about   40%   of   the   VC investments are made in the technology industry. Our key note speaker Mr Puvan Selvanathan, CEO of Bluenumber, is a shining example where innovation and new technologies can solve problems and make a viable business case as well.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">South-East Asia makes it a charming place to begin   a   company.<\/h3>\n\n\n\n<p>Kuala Lumpur has about 3 million residents and even though the economy of this city is smaller than others, its vicinity to the broader markets of South-East Asia makes it a charming place to begin   a   company.   The   government   of   Malaysia   is   very   supportive   and   one   initiative called MaGIC  is just one example. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Increasing corporate benefits<\/h3>\n\n\n\n<p>It is the time to set one\u2019s sights on Asia, with its increasing corporate benefits and significant effect and interdependencies in the global market. As one panelist said: \u201cever since the trade war between USA and China started, we have many more inquiries for start-ups in ASEAN\u201d.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Being inspired and motivated<\/h3>\n\n\n\n<p>Successful businessmen in Asia are much more seen with admiration and   respect than in Germany, where jealousy makes it tempting to hide success and feel guilty about it rather than being inspired and motivated.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">In Asia we see young entrepreneurs betting their life savings into the business<\/h3>\n\n\n\n<p>A  social safety net as the one in Germany  makes  it   \u201ecomfortable\u201c   to  fail, without risking life savings and bringing down the family, whereas in Asia we see young entrepreneurs betting their life savings into the business.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">A key issue of the discussion was the strong law and perception<\/h3>\n\n\n\n<p>A key issue of the discussion was the strong law and perception on data security and privacy in Europe, and the audience as well as the panel was 50:50 as to whether this is a plus or minus for the start-ups in Asia businesses. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">New areas of innovations<\/h2>\n\n\n\n<p>The new areas of innovations and thus the future unicorns will most likely come from any of these areas: <\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Commercial blockchain<\/li>\n\n\n\n<li>Gaming<\/li>\n\n\n\n<li>Artificial intelligence<\/li>\n\n\n\n<li>Robotics<\/li>\n\n\n\n<li>Big data<\/li>\n\n\n\n<li>Health Care<\/li>\n\n\n\n<li>Education <\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Finally<\/h3>\n\n\n\n<p>Finally, any company &#8211; whether start-ups in Asia or traditional brick and mortar business &#8211; have to have a comfortable package for their workforce and management when it comes to the quality of life and cost of living. <\/p>\n\n\n\n<p class=\"chat_open\">If you have further questions about the above subject, please contact us.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p>Continue reading<\/p>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/perfectoholic.pro\/gbp\/16697-2\/\">Expertise in Logistics: Beyond aviation, aircrafts &#038; aircrafts<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/perfectoholic.pro\/gbp\/consultants-advisors-and-board-members-experience-meets-results-at-gbp-international\/\">Consultants, advisors and board members &#8211; Experience meets results at GBP INTERNATIONAL&#8221;<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/perfectoholic.pro\/gbp\/president-xi-and-china-a-critical-view\/\">Finally we are talking: a review of the US-China meeting in San Francisco<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/perfectoholic.pro\/gbp\/asean-is-the-place-to-be\/\">ASEAN is the place to be<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/perfectoholic.pro\/gbp\/european-chinese-collaborations-are-being-tested\/\">European-Chinese Collaborations are being tested<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>GBP International has been working with start-ups in Asia scenarios since 1997, over the last couple of years start-up buzzwords commonly used are venture capital (VC), private equity (PE), artificial intelligence (AI), Big Data, Games, Internet of Things (IOT) and others. We wanted to bring together some of the\u200bstakeholders of the industry and discuss the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12155,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-12142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","entry","has-media"],"_links":{"self":[{"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/posts\/12142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/comments?post=12142"}],"version-history":[{"count":0,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/posts\/12142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/media\/12155"}],"wp:attachment":[{"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/media?parent=12142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/categories?post=12142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/perfectoholic.pro\/gbp\/wp-json\/wp\/v2\/tags?post=12142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}